HAMILTON, BERMUDAWed Jun 19, 2002 —
HAMILTON, BERMUDA (June 19, 2002) XL Capital Ltd (NYSE: XL) announced today that Mr. Nicholas M. Brown Jr, Executive Vice President and Chief Executive Officer of Insurance Operations, is scheduled to speak at the Wachovia Securities 12th Annual Nantucket Equity Conference at The Harbor House Village on June 25, 2002, from 10:45 a.m. to 11:10 a.m. (EST). A live webcast of Mr. Brown's presentation from 10:45 a.m. (EST) may be accessed by logging onto http://www.twst.com/econf/mm/fu8/xl.html.A replay of the presentation will be archived on the Investor Information section of www.xlgroup.com following the live broadcast of his presentation and archived for approximately 30 days following the presentation.XL Capital Group, through its operating subsidiaries, is a leading provider of insurance and reinsurance coverages and financial products to industrial, commercial and professional service firms, insurance companies, and other enterprises on a worldwide basis. As at March 31, 2002, XL Capital Group had consolidated assets of approximately $30.7 billion and consolidated shareholders' equity of approximately $5.5 billion. More information about XL is available at www.xlgroup.com